Fed Cuts Interest Rates and Markets Plunge After 2025 Forecast
Dec 18, 2024 · The two-year Treasury yield, which tends to track interest rate expectations, moved 0.1 percentage points higher, to 4.36 percent, a big move in that market. It was the yield’s biggest jump in ...
Federal Reserve cuts interest rates by 0.25 percentage ... - CBS News
Dec 18, 2024 · The Fed lowered the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5%, down from its previous target range of 4.5% to 4.75%.
Federal Reserve interest rate cut: December 2024 - NBC News
Dec 18, 2024 · In its statement announcing the cut, the Fed now projects just two interest rate cuts for 2025. It said the unemployment rate remains low, while the rate of inflation "remains somewhat elevated."
Federal Reserve cuts key rate by a quarter-point | AP News
Dec 18, 2024 · The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.
Federal Reserve made a 3rd consecutive rate cut today. Here ... - CBS News
Dec 16, 2024 · The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
The Federal Reserve cuts interest rates again : NPR
Dec 18, 2024 · The central bank lowered its benchmark interest rate by a quarter percentage point to a range of 4.25% to 4.5%. Rates have fallen by a full percentage point since September, making it cheaper to ...
Federal Reserve cuts interest rates by quarter point in December
Dec 18, 2024 · The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing that inflation remains above the...
Key takeaways from the Fed’s third rate cut | CNN Business
Dec 18, 2024 · The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September.
Federal Reserve lowers interest rates by 0.25 percentage ... - CBS News
Nov 7, 2024 · The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S....
Fed Cuts Rates Again - The New York Times
Nov 7, 2024 · Fed officials lowered interest rates to a range of 4.5 to 4.75 percent on Thursday, but avoided talking about politics in their post-meeting statement.